Clocking its fastest rate of growth in seven quarters, the Indian economy grew at 6.7 per cent during the financial year 2017-18, retaining the tag of the fastest growing major economy in the March quarter.

From implementation of GST to adoption of new technologies, Anuj Mathur, Chief Executive Officer of Canara HSBC OBC Life, talks with Teena Jain Kaushal and Priyadarshini Maji on how the industry is bracing for changes

Little wonder then that the incumbents Airtel, Vodafone, Idea Cellular and Tata Teleservices, besides Reliance Communications (RCom) and BSNL/MTNL, have taken on the challenge thrown by the Mukesh Ambani-owned Reliance Industries' bold and disruptive Rs 2,00,000 crore telecom play, Reliance Jio. Retreating is not even an option.

\"The entire process was completed, with 100 per cent placement for the batch within record three days, in the second week of February. There were total 474 top notch offers including significant number of international offers,\" IIM Calcutta said.

Global financial services major HSBC has set an optimistic benchmark BSE Sensex target at 30,500 for December-end, 2017 saying that structural reforms like demonetisation and GST will boost growth in the long run.

Barclays balance sheet is not in the league of the big four foreign banks - Citi, Standard Chartered, HSBC and Deutsche - but the bank surpasses competition in terms of CAGR on deposits, advances, fee income and operating profits.

While the near-term economic logic may seem weak, the plan on black money appears to be well thought out. Demonetisation is just one leg. What has generated the fear psychosis is a combination of many things executed over the past two years by the Narendra Modi Government.

The dollar took a tumble and Asian stocks rose to one-year highs on Wednesday after surprisingly weak US services sector activity put paid to already slim chances of an interest rate hike by the Federal Reserve.

Nine years ago, Tata Group shelled out $12 billion to pick up Corus - its biggest purchase till date. Now it is exiting at a huge loss. The distress sale is a dream turned sour for the group that made India's biggest overseas acquisition at the peak of the commodities supercycle.